State First National Bank in Texarkana, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 27, 1998

  • State First National Bank in Texarkana, Texas (TX)
  • Show street view No street view available for this location

State First National Bank - Overview

  • General
  • FDIC Certificate #: 22695
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 471169
    Date Established: August 07, 1978
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 11434
    FDIC's unique #: 15843
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: August 07, 1978
    Last Structure Change Effective Date: August 27, 1998
    Last Structure Change Process Date: October 06, 1998
    Last Data Update: October 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 2000 Richmond Road, Texarkana, TX 75503
    County: Bowie
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Texarkana, TX-Texarkana, AR (#8360)
    Core Based Statistical Area (CBSA): Texarkana, TX-Texarkana, AR (#45500)
    CBSA Metro Statistical Area: Texarkana, TX-Texarkana, AR (#45500)
  • Financial Summary
  • Total assets: $189.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 80Total employees (full-time equivalent)
  • $192,526Total assets
  • $10,897Cash and due from depository institutions
  • $0Interest-bearing balances
  • $60,334Securities
  • $850Federal funds sold & reverse repurchase agreements
  • $112,187Net loans & leases
  • $1,902Loan loss allowance
  • $0Trading account assets
  • $5,090Bank premises and fixed assets
  • $32Other real estate owned
  • $667Goodwill and other intangibles
  • $0Life insurance assets
  • $2,469All other assets
  • $192,526Total liabilities and capital
  • $175,706Total liabilities
  • $174,819Total deposits
  • $152,042Interest-bearing deposits
  • $174,819Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $887All other liabilities
  • $16,820Total equity capital
  • $16,820Total bank equity capital
  • $16,820Perpetual preferred stock
  • $0Common stock
  • $166Surplus
  • $6,509Undivided profits
  • Memoranda
  • $10,145Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,616Earning assets
  • $0Long-term assets (5+ years)
  • $783Average Assets, year-to-date
  • $173,371Average Assets, quarterly
  • $22,595Volatile liabilities
  • $181,503Insider loans
  • $187,531FHLB advances
  • $19,038Loans and leases held for sale
  • $4,119Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,946Total unused commitments
  • $0Restructured Loans and leases
  • $120,821Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $13,130Total interest income
  • $5,895Total interest expense
  • $7,235Net interest income
  • $665Provision for loan and lease losses
  • $1,471Total noninterest income
  • $20Fiduciary activities
  • $1,168Service charges on deposit accounts
  • $0Trading account gains & fees
  • $283Additional noninterest income
  • $4,908Total noninterest expense
  • $1,964Salaries and employee benefits
  • $871Premises and equipment expense
  • $2,073Additional noninterest expense
  • $3,133Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,008Applicable income taxes
  • $2,125Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,125Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $505Sale, conversion, retirement of capital stock, net
  • $3,150Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.99%Yield on earning assets
  • 3.59%Cost of funding earning assets
  • 4.40%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 12.45%Return on equity (ROE)
  • -6.00%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 131.68%Credit loss provision to net charge-offs
  • 7.52%Efficiency ratio
  • 55,640Assets per employee
  • 2.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 148.24%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 117.70%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 64.17%Net loans and leases to core deposits
  • 72.02%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 13.28%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $181,503Average earning assets
  • $17,070Average equity
  • $164,304Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State First National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents